Construction Services - Managed Profit $300k
- Proposed Usage
- Property ID
The business is a commercial contractor in the Building Construction Services sector, servicing mainly Auckland and surrounding areas.
They have been in existence for more than 30 years and have a well-established market presence. The current owner works a flexible 2 days a week doing administration. Due to the full-time management in place, the owner will not require any technical knowledge.
The company's clients include large corporate organisations, Government agencies, private property owners, as well as those with special site management requirements.
Annual sales are currently in excess of $2,500,000, achieving an average managed profit of $300,000 over the last 3 years. Based on the expected asking price, that would amount to a Pre-tax Return of Investment of 37.5%.
The company has an excellent team of full time experienced staff including operations management, and a strong focus on Health & Safety, and is compliant with current legislation. The safety record with regard to serious injuries is excellent. All staff have appropriate training and qualifications.
The company has significant confirmed forward contracts that would transfer to the new owner.